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Forces of economic growth in China, India, and other Asian countries

Singh, Rup (2015) Forces of economic growth in China, India, and other Asian countries. Asian-Pacific Economic Literature, 29 (1). pp. 62-81. ISSN 0818-9935

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This paper applies different approaches to modelling sources of economic growth from time series and panel data sets for 10 Asian countries over the period 1970–2010. After being subjected to fragility tests, the cross-country estimates indicate that investment, together with policy variables and openness to trade, explains about 90 per cent of the estimated 3.2 per cent steady-state growth rate for the region. Regional growth policy points to expanding trade, supporting financial development, and maintaining sound investment environments. Although country-specific growth effects vary, the results imply that different estimation methods, combined with fragility tests, can help establish stronger links between growth theory and policy advice.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Shalni Sanjana
Date Deposited: 23 May 2016 15:16
Last Modified: 23 May 2016 15:16

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